Why is Chatha Foods falling/rising?

As of 08-Sep, Chatha Foods Ltd has experienced a price increase, currently standing at Rs 101.05, reflecting a rise of 1.45 (1.46%). The stock has shown positive momentum, gaining 3.43% over the last two days and outperforming its sector by 1.93% today. Additionally, the stock's performance over the past week has been favorable, with a return of +1.25%, although it has underperformed on a year-to-date basis with a decline of -23.45%. The stock's intraday high reached Rs 105, indicating strong trading activity, and there has been a notable increase in investor participation, with delivery volume rising by 117.39% against the five-day average.
In the broader market context, Chatha Foods' recent performance contrasts with the Sensex, which has gained 0.53% over the past week. While the stock has shown short-term resilience, it still lags behind the benchmark on a year-to-date basis, where the Sensex has increased by 3.39%. The stock's moving averages indicate that it is currently above the five-day average but below the longer-term averages, suggesting a mixed outlook. Overall, the recent positive trading activity and increased investor interest may be contributing to the stock's upward movement, despite its longer-term underperformance compared to the broader market.